JAKARTA (TheInsiderStories) – Good Morning! British’ prime minister Boris Johnson promises to continue the Brexit plan after the lawmakers rejected his second bid for a snap general election. The statement released after he met with Ireland prime minister Leo Varadkar in Dublin on Monday (09/10)
Speculation is growing that Johnson may find some way seal a deal with the European Union before the EU Summit on Oct. 17-18, with variations of the Irish border backstop being discussed openly again. While, the opposition leader Jeremy Corbyn promised a further referendum on Brexit with a “credible Leave option” if his party wins the next general election.
Still from Europe, the European Central Bank (ECB) is widely expected to cut its benchmark rate and point to further bond buying stimulus on Thursday meeting. Previously, president of ECB Mario Draghi has hinted that the central bank will cut rates in September.
The statement out after the Governing Council decided that interest rates remain unchanged and expects the ECB’ main interest rates stay at their current or lower levels at least until the first half of 2020.
From the United States (US), president Donald Trump has fired John Bolton, who had served for 519 days as his third national security adviser. Trump said in tweets, the reasoned he fired Bolton caused he disagreed strongly with many of his suggestions.
From Asia, China‘ consumer price index rose 2.8 percent in August or unchanged from July. The month-on-month consumer price inflated 0.7 percent, following 0.3 percent inflation in the previous month.
In the some month, China’ producer price index (PPI) declined 0.8 percent, down from the 0.3 percent deflation in July. In August, PPI deflation narrowed by 0.1 percent from 0.2 percent in July.
Following Tuesday’ court trial, Kivlan Zen has officially named as the defendant in the case of illegal firearm possession. He charged had retained four firearms and 117 ammunitions. He accused of plotting to assassinated coordinating minister of politics, law, and security affairs Wiranto and coordinating minister for maritime affairs Luhut Binsar Panjaitan.
In connection with the Papua’ situation, the government has unblocked internet data services starting yesterday. Out of 29 regencies and cities in Papua, 27 regencies have been reopened for internet data services. For the Papua Province region, there are still two regencies or cities that are still blocked by internet data services, namely Jayapura regency and city.
Still of Papua issues, East Java Police have issued the second summons letter for Veronica Koman, the advocate of Papuan students in Surabaya. Veronica, who is currently in Australia, did not respond to the first summons. If the second letter is ignored, police will issue a wanted status for the human rights activist, which is followed by the red notice
Yesterday, Indonesia’ Financial Services Authority (FSA) and Korea Financial Services (FSC) agreed to lift the cooperation in the financial services sector, especially facing the era of digital transformation at the bilateral meeting in Jakarta. Chairman of FSA Wimboh Santoso said that financial technology could be a solution to improve access financial services in the regions.
On Tuesday, Indonesian Rupiah closed down 0.18 percent to 14,053 while and the Jakarta Composite Index (JCI) strengthened to 6,336.67, or up 0.17 percent compared to Monday. Today, the domestic market its estimating still vulnerable to the global issue.
The composite index is estimating move in the range 6,224 to 6,372. The stocks to be watch are PT Astra International Tbk (IDX: ASII), PT Kalbe Farma Tbk (IDX: KLBF, PT Pakuwon Jati Tbk (IDX: PWON), PT AKR Corporindo Tbk (IDX: AKRA), PT Mayora Indah Tbk (IDX: MYOR), PT Bank Negara Indonesia Tbk (IDX: BBNI), and PT Semen Indonesia Tbk (IDX: SMGR).
May you have a profitable day!
Written by Linda Silaen and TIS Intelligence Team, Please Read Our Insight to Get More information about Indonesia